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Nov 28, 2012
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. >> i know you've had some tough things to say about congressman peter king, for example. his comments about the pledge. but look specifically to his point. some things do change over the years, the economic problems, for example, that we may have had 20 years ago, 40 years ago, they're different than the economic problems right now. so don't different problems call for different solutions? >> well, what was odd about peter king's comment was look, tax increases slow economic growth. tax increases take resources out of the real economy and allow the government to grow and grow. that's always a bad idea. that's not a good idea some years and a bad idea others. leeches, doctors don't put leeches on people ever, it's wrong. don't do it. it doesn't make people stronger. raising taxes, taking money out of the economy, damages the economy, kills jobs, reduces opportunities. >> you know, the latest cnn polls that just came out this week say you're wrong. two of three americans, including a majority of republicans, say the fiscal cliff should be addressed with a mix, a mix of spen
. >> i know you've had some tough things to say about congressman peter king, for example. his comments about the pledge. but look specifically to his point. some things do change over the years, the economic problems, for example, that we may have had 20 years ago, 40 years ago, they're different than the economic problems right now. so don't different problems call for different solutions? >> well, what was odd about peter king's comment was look, tax increases slow economic...
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Nov 25, 2012
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. >> so lawmakers, we're talking about peter king, lindsey graham being the latest ones today, to say they might consider abandoning that no tax hike pledge, similar to how senator saxby chambliss said he would abandon the pledge for the american people. yes, they may have been extreme positions but for a long time most of these lawmakers didn't feel it was extreme, they felt it was the necessary thing to do, they were digging in heels for a very long time. so it does seem hike an incredible page that's being turned here to be able to now say, i'll consider abandoning that. it does seem like there is maybe an olive branch that's being extended? >> i think turning back to a reasonable position is not the same as saying that i'm being moderate. what we are seeing in our polit politics, not just taking a couple of senators and using them as data points, but looking at the larger data sets of the trends over time, we're seeing moderates in general being chased out of our politicians. we have fewer blue dogs. we keep seeing moderate republicans be primaried when they are up for re-election
. >> so lawmakers, we're talking about peter king, lindsey graham being the latest ones today, to say they might consider abandoning that no tax hike pledge, similar to how senator saxby chambliss said he would abandon the pledge for the american people. yes, they may have been extreme positions but for a long time most of these lawmakers didn't feel it was extreme, they felt it was the necessary thing to do, they were digging in heels for a very long time. so it does seem hike an...
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Nov 27, 2012
11/12
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lindsey graham, saxby chambliss, bob corker and peter king, they've said they're willing to compromise and consider revenue increases to avoid the fiscal clifft. their shift in position has grover norquist vowing to help unseat any republican who breaks his taxpayer protection pledge. the question tonight is whether this is a larger trend or whether republicans are just testing the waters and two men who know about testing the waters, politicking and actually meaning what you say join me now. david frum and james carville, you have been on every side of this. let me start with you though david. republicans talking about raising revenue by closing loopholes. you can get a heck of a lot of revenue that way. is this smart for them r or not? >> republicans are going to be yielding grown, but they have to avoid it under pressure. president has a strong hand. they have to keep their party together. frankly, i think loopholes are the -- so-called loopholes, deductions for home mortgage, at this point, the wrong place to look for new revenue. the place is look is with different kinds of tax s.
lindsey graham, saxby chambliss, bob corker and peter king, they've said they're willing to compromise and consider revenue increases to avoid the fiscal clifft. their shift in position has grover norquist vowing to help unseat any republican who breaks his taxpayer protection pledge. the question tonight is whether this is a larger trend or whether republicans are just testing the waters and two men who know about testing the waters, politicking and actually meaning what you say join me now....
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Nov 27, 2012
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but everybody who signed the pledge, including peter king who tried to weasel out of it, shame on him as the new york sun said today, i hope his wife understands that commitments last a little longer than, than, than two years or something. >> and zoraida, there you have grover norquist -- >> weeks. >> -- of course, from the americans for tax reform throwing out some pretty strong political hyperbole. but the fact of the matter is, as you said, fiscal cliff, 35 days away, and as we've heard from a lot of economists, if congress can't fix this, then we're in a lot of trouble. we can be heading back into recession. >> mark preston live in washington, d.c. thank you for that. so even if democrats and republicans get a spending deal done in time to steer clear of the fiscal cliff, derer thompson says it won't necessarily cure the economy. the senior editor of "the atlantic" joins us live in the next half hour. he has an interesting perspective. >>> ambassador susan rice heads to capitol hill this morning to mend fences with three republican senators. john mccain, lindsey graham and kelly
but everybody who signed the pledge, including peter king who tried to weasel out of it, shame on him as the new york sun said today, i hope his wife understands that commitments last a little longer than, than, than two years or something. >> and zoraida, there you have grover norquist -- >> weeks. >> -- of course, from the americans for tax reform throwing out some pretty strong political hyperbole. but the fact of the matter is, as you said, fiscal cliff, 35 days away, and...
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Nov 25, 2012
11/12
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today we heart from senator lindsey graham and peter king, congressman out of new york, also jumping on the bandwagon with that. let's listen to that. >> when you're $16 trillion in debt, the only pledge we should be making to each other is to avoid becoming greece. and republicans should put revenue on the table. i want to buy down debt and cut rates to create jobs but i will violate the pledge, long story short, for the good of the country only if democrats will do entitlement reform. >> agree entirely. a pledge you signed 20 years ago, 18 years ago, is for that congress. fy were in congress in 1941, i would have signed the declaration of war against japan. i'm not going to attack japan today. the world has changed. >> it's interesting to hear that from those two republicans today, one in the house, one in the senate. but i should mention one thing. that is, in the weeks and days immediately following the election, house speaker john boehner himself came out and said, we're willing to consider revenues as long as it's not done by raising rates. and so in some ways, the republicans
today we heart from senator lindsey graham and peter king, congressman out of new york, also jumping on the bandwagon with that. let's listen to that. >> when you're $16 trillion in debt, the only pledge we should be making to each other is to avoid becoming greece. and republicans should put revenue on the table. i want to buy down debt and cut rates to create jobs but i will violate the pledge, long story short, for the good of the country only if democrats will do entitlement reform....
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Nov 26, 2012
11/12
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we did hear from peter king, a congressman. no many house members are running to the microphones to renounce grover norquist's tax pledge. isn't that where we're going to have the most trouble, will? >> yeah. you definitely have the most trouble in the house of representatives. look, republicans are still dedicated to a low tax principle. they still want to achieve that. the problem is i used to own businesses, carol. i used to buy and sell newspapers. i didn't get to tidictate the price. >> i think you in your passionate hand gesture you knocked your microphone off. >> did i really? you just missed genius. you missed genius. >> i was so eager to hear what you were saying. >> i've got to quit gesticulating so much. >> you're not even -- >> will cain, jason johnson, thanks so much for being with us. >> thank you. >>> actor morgan freeman is putting his voice behind a new ad touting the election day victories in three states to legalize same-sex marriage. >> freedom, justice and human dignity have always guided our journey toward
we did hear from peter king, a congressman. no many house members are running to the microphones to renounce grover norquist's tax pledge. isn't that where we're going to have the most trouble, will? >> yeah. you definitely have the most trouble in the house of representatives. look, republicans are still dedicated to a low tax principle. they still want to achieve that. the problem is i used to own businesses, carol. i used to buy and sell newspapers. i didn't get to tidictate the price....
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Nov 26, 2012
11/12
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congressman peter king republican in new york feels the same way. take a listen to him. >> i think everything should be on the table. i myself am opposed to tax increases. the fact is the speaker and majority leader and the president are going to be in a room trying to find the best package. i'm not going to prejudge it. i'm saying we should not be taking ironclad positions. >> king says while the pledge may have worked in the past, now is the time to be flexible. zoraida? >> all right. paul steinhauser live in washington, d.c. for us. thank you. >> 33 minutes after the hour right now. just lots of buying this weekend. lots of shopping. a record $247 million shoppers hit stores and websites after thanksgiving. ed national retail federation says they also spent more money compared to last year. but -- will shoppers still be in a spending mood today? which, of course, is named cyber monday. christine romans is here with us. >> who named it cyber monday? hmm. the industry did! because once they saw that you would open up your wallet for black friday, t
congressman peter king republican in new york feels the same way. take a listen to him. >> i think everything should be on the table. i myself am opposed to tax increases. the fact is the speaker and majority leader and the president are going to be in a room trying to find the best package. i'm not going to prejudge it. i'm saying we should not be taking ironclad positions. >> king says while the pledge may have worked in the past, now is the time to be flexible. zoraida? >>...